Torus Robotics Secures $470,000 Seed Investment for Advanced EV Powertrain Technology
- By MT Bureau
- February 08, 2024
Torus Robotics Pvt Ltd, a startup focusing on advanced powertrain technology for electric vehicles (EVs), defence, aviation, and consumer markets, has secured a seed investment of USD 4,70,000.
The funding was led by Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) as part of the Tamil Nadu Emerging Sector Seed Fund (TNESSF). Other investors include Forge Innovation & Ventures from Coimbatore and SINE (Society for Innovation & Entrepreneurship) IIT Bombay.
The investment will be used to expand Torus Robotics’ research and development efforts and swiftly bring their innovative technologies from the lab to the market. The company plans to use the funds for innovation, growth, and other critical business aspects. Torus Robotics aims to revolutionise the electric mobility landscape by making EVs faster, more efficient, and more affordable with their products.
“Torus’s unique approach in the development of axial flux motors aligns with TNIFMC’s commitment to fostering innovation/R&D in the state and investing in groundbreaking technologies that can be commercialised at scale. This partnership is strategically crafted to expedite Torus’s commercialisation initiatives and spearhead the widespread integration of axial flux technology in the electric mobility sector,” Karthic Ramamoorthy from Tamil Nadu Emerging Sector Seed Fund said.
Speaking on the announcement, Vibhakar Senthil, Co-Founder of Torus Robotics, shared, “This funding will empower us to invest in R&D and introduce new products that can meet the changing needs of customers in the EV automotive space. Our unwavering commitment to revolutionise electric mobility remains strong, and we are optimistic about the opportunities lying ahead of us.”
Founded in 2019 in Chennai by Vignesh M, Vibhakar Senthil, and Abbhi Vignesh K, Torus Robotics aims to reduce the reliance on imported powertrain components for EVs, such as motors and controllers. They focus on advancing Axial Flux Motors and controllers, offering locally sourced products that are lighter, more efficient, and cost-effective compared to conventional options.
Torus Robotics has also secured funding through the FLCTD program by UNIDO, with validation from the Bureau of Energy Efficiency (BEE) and the Confederation of Indian Industry (CII). They have received support from Startup TN, the Entrepreneurship Development and Innovation Institute - Tamil Nadu (EDII-TN), and central and state governments.
Beyond the EV market, Torus Robotics is exploring opportunities in industries like power generation, robotics, and others. Their versatile technology has the potential to transform various sectors, aligning with global efforts towards sustainability.
Large Portfolio of Next-Gen Electric Tippers and Mobility Solutions at Excon 2025 From Propel Industries
- By MT Bureau
- December 11, 2025
Propel Industries Private Limited showcased a large portfolio of construction equipment at Excon 2025 that included four new electric tipper models. The company aso unveiled an all-new connectivity platform and a comprehensive after-sales uptime solution.
The four new electric tippers include the 90CED (claimed to be India's first ultra-fast charging 90 tonne electric dumper with ADAS Level 1 safety), 70CED (claimed to be India's first 8x4 mining e-tipper with 25 cu m rock body), 560HEV-X (claimed to be Indias first 8x4 construction tipper with 25 cu m box body), 470MEV Gen-2 (caimed to be India's first 6x4 tipper with 20 cu m rock body) in particular.
The Pulse.ev connectivity platform as a new digital ecosystem built in-house specifically for electric mining and hauling operations includes features such as real-time vehicle health and diagnostics; energy consumption insights; predictive maintenance analytics and fleet optimization suite for multi-shift operations.
"The announcements reinforce Propels commitment to innovation, high-productivity for customers, zero-emission, and future-ready heavy-duty mobility. Since start of EV truck sale in 2023, the brand has expanded its presence across coal, overburden, limestone, iron-ore, stone quarry, marble & granites, and solid waste management segments. Propel trucks have cumulatively covered over 5 lakh operating hours and the first set of 8 trucks have clocked 12,500 hours in 2 years, which is equivalent to 20 hrs per day. This proves the reliability and uptime of the propel electric trucks," said Siddarth Kirtane, President – EV Sales, Marketing and Service, Propel Industries.
- JCB India
- largest ever excavator
- 52 tonness
- India
- Excon 2025
- Bengaluru
- over 10 new products
- domestic
- export
- markets.
JCB India launches its largest ever 52 Tonne Excavator At Excon 2025
- By MT Bureau
- December 11, 2025
JCB India launched its largest ever excavator at 52 tonness in India. It did so at the Excon 2025 exhibition in Bengaluru. The excavator, showcased along with over 10 new products, will cater to domestic as well as export markets. Of the over 10 machines the company showed at the show, there included backhoe loaders with enhanced features in line with the customer-first strategy. JCB India is giving much attention to lower cost of ownership, higher fuel efficiency, improved machine uptime, enhanced safety and ergonomics while designing its new equipment. With sustainability the factor, the company showcased the hydrogen engine powered backhoe loader that it unveiled in 2023. It announced the expansion of its hydrogen powered construction equipment portfolio at Excon 2025 with a hydrogen-powered genset. "Excon is a forum that brings together customers, policymakers, contractors, financiers, suppliers, and technology leaders, creating an ecosystem for strategic collaboration and long-term business growth. JCB exports to more than 135 countries from India and this year we also have customers from South Asia, Africa Region and South-East Asia visiting us. Excon allows us to understand evolving market needs and demonstrate how our latest solutions align with both global and India’s infrastructure demands," said Deepak Shetty, CEO and MD, JCB India.
JK Tyre Unveils Four New OTR Tyres at Excon 2025
- By MT Bureau
- December 11, 2025
JK Tyre & Industries Ltd launched four new Off-the-Road (OTR) tyres at Excon 2025 in Bengluru. Unveiled by Dr R Mukhopadhyay, Director (R&D), JK Tyre, the four new OTR tyres further expand the company's portfolio in construction and mining equipment.
The Sky Grip tyre for example is engineered specifically for Aerial Work Platforms (AWPs) and Boom Lifts used across construction, infrastructure maintenance, warehousing and industrial operations. The 355/55D625 Sky Grip tyre is designed to offer enhanced stability, superior traction and consistent performance at elevated working heights and is compatible with articulated and telescopic boom lifts, telehandlers and even rough terrain aerial platform.
The three other OTR tyres are designed for critical industrial and mining applications. The 14.00-25 GTL Plus, for example, is a backhoe loader tyre that offers strong stability, durability and dependable performance during frequent loading and excavation operations. The 23.5-25 GTL Plus variant, on the other hand, supports wheel loaders with improved traction and endurance on demanding surfaces. F
or underground mining requirements, the 14.00-20 VEM AS-UG OTR tyre features a reinforced casing and specialised compound designed to withstand abrasive environments and the rigorous duty cycles of shuttle cars.
“India is witnessing a transformative phase in infrastructure development, and JK Tyre remains committed to support this journey. With the launch of our new OTR range at EXCON, we are strengthening our support for equipment that powers critical infrastructure, enabling greater productivity, durability and operational safety across the country’s construction, mining and industrial projects," averred Srinivasu Allaphan, Director-Sales & Marketing, JK Tyre & Industries.
Mahindra Compax Mini Compactor Unveiled
- By MT Bureau
- December 11, 2025
Mahindra’s Construction Equipment business (MCE) launched the Compax mini compactor at EXcon 2025 in Bengluru. The mini compactor, aimed at the road construction industry, packs cutting edge techbology to deliver best-in-cass fuel efficiency and reliability. It is built robust and furthers the standards in the category to ensure better returns to the operators.
“Mahindra commercial vehicles and construction equipment machines are known for their cutting-edge technology, best-in-class fuel efficiency, robust built and reliability that helps deliver substantially higher earnings and profitability for our customers. The new Mahindra COMPAX reflects the same Mahindra DNA and is poised to deliver higher profits and prosperity to our customers. Our deep understanding of the challenges of the Indian infrastructure ecosystem and strong capabilities of indigenous manufacturing makes our machines, including the new mini compactor, an ideal choice for demanding compaction tasks,” said Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO, SML Mahindra Ltd.

Comments (0)
ADD COMMENT